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How To Buy A Rental Property With No Money Down - YouTube
Channel: Kris Krohn
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Today, we're talking about buying rental
property with no money down. And I'm
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going to make you a promise up front. This
isn't going to be like the other gurus and
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people out there. They're talking nonstop
about buying properties with no money
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and leveraging strategy. Today, I'm
actually going to be introducing
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something in a way that I do it that
nobody else does. And trust me, it can
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absolutely make the difference of you
buying the next property with no money.
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Now, I want to clarify something. Because
again, I get so many skeptics that for
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some reason love to subscribe and watch
my videos. Is it really true that I'm
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buying properties every single day or
nearly every day without money? Well,
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check it out. So, I'm looking at my screen
here and what I actually want to show
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you is my track record, for those either
like, "Kris, you talked about buying
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thousands of homes. Is it really true?" And
I'm just gonna kind of go through this.
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This is a document that I've got prepared for
my really professional investors that
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put millions of dollars into my system.
But I want to highlight a couple of
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things. Here you can see 4,000
homes. 15 year track record over 500
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million dollars. Half a billion in 65
different distinct markets and locations.
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If I come through here and actually like
zoom in on my track record here, look at
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this. This is showing you that in North
Carolina, I've got one distinct market.
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I've done seven million of purchasing
there. An average of a 168
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thousand dollars. That's my square
feet. And I'm cash flowing these like a
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beast. If I come here to Tennessee, you
can see I've done 54 million there. 84
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million in Florida, 55 million in Arizona.
52 million in Indiana. 6 million in
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Nevada. And this is just between 2013 and
2016. So, we're talking about a pretty
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substantial track record here. By the way,
one of the things I'm going to be talking
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about today is right here. Strategic
partnerships. And literally how I can
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partner with you to actually make
investing in real estate without any
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money a very real reality. I'm going to skip
though to the bottom of this document.
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Follow along with me. I break down how my
whole system works. My track record and
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up and down markets. But look at this. You
see these properties right here? This is
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231 King pond Avenue Winter Haven
Florida.
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I own this. This is something that I
bought or this one over here on 3962
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Strathmore Drive Indianapolis Indiana,
I bought this home. These are actual
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deals that I'm buying on a pretty
regular basis. I have a team of 200
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experts and we go out in the marketplace
and we find these deals. My research team
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will find them. Make sure they're good
deals.
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I present offers. We get them under
contract then we purchase them. My team
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will fix up to them and then basically
we rent them out. Hold for 5 years
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and we sell and double the portfolio. We
double money every 5 years. That's the
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goal and focus every single time. So, I
just want to make sure you understood.
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There's not lip-service going to this.
Same thing here's another property here
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on Perkins Road Memphis. And this is
Tyler Bennett my acquisitions director.
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Who has helped me put a lot of this
together. I wanted to show you this
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because I want you to understand how
real this actually is. So, now that you've
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seen that, let's actually dive in for a
moment and say, "All right. How can you
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actually buy properties with no money
and no credit?" Every single time you buy
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a property, there's 4 things that you
need. You need someone that can find the
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the deal. You need someone that has money
for the deal. You need somebody that
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actually has credit for the deal. And then you need someone to execute and
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handle the management of the deal. You're
buying the round. These are the 4
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things that every single property means.
One of the biggest mistakes that people
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make is believing they've got to do it
all. Well all of a sudden, you look at all
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the hats that you're wearing. You're
saving up money, you're making sure your
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credit looks good, you've got to find the
deal. You've got to do all the management.
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And if you do everything yourself,
I'm just going to tell you right now, that's
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the killer. That's the reason why so many
people aren't actually out there
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investing because they think they have
to do it all themselves. I've created a
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program called maverick.
And you might become one of my Mavericks.
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Here's what it means. If you want to know
what the most difficult part is on this
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whole list, what would you guess? I want
to hear you. You might think that it's
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money. But ironically, money is not the
most difficult. The most difficult first
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is actually setting up the long-term
success strategy to make sure that the
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property does what is they're supposed
to do. What do you actually think the
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second most difficult is? It's not money
again. It's actually finding the deal. How
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do you know that you're fighting the
best of the best? I'm averaging a 25% ROI
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on my properties. How am I able to do
that? That's crazy. That's quadruple more
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than any average person is able to do.
Other than that,
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money and credit, that's next. These are
the easiest things because they're in
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great abundance. They're commodities.
People everywhere got about. You've got
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deals. And if you've got the right
management, I Got News for you. This is a
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cakewalk. This is something that it's
actually pretty easy. So, here's what the
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Maverick program is. I've got teams out
there that will find the best deals each
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and every day. And I'm buying them with
my partners. Here's what you can do: If
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you become a maverick, I will go out
there and show you how to find people
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with money. Now by the way, the people
that really have money don't have money
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in the bank account. That money sitting
in 401Ks. They have money sitting in
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IRAs they've got money sitting in the
stock market. Which means to them, that's
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not money that they can actually spend.
They don't really feel that they
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actually have any money. They might even
be living ironically check to check and
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have a couple hundred thousand dollars
or a half a million dollars sitting
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waiting for retirement and it's not
enough. They know they need a solution. I
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actually will train you how to find the
people with the money in the credit. I'll
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bring the deals of Management. And if
these people actually partner with me to
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do deals, then I'll take my cut and I'll
make you an equal partner with me. Just
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think about that for one second here. Is
it true what I just said? Am I saying
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that if you use the system to introduce
people to me that have money and credit
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sitting in 401Ks, IRAs and they
decide to say, "Kris, you're the solution.
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Like, now I can get enough money for
retirement." If those people come together
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a partner with me and I do the deals and
I did the management, I put together the
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LLC's and the bank accounts and I take
care of all the details, am I saying that
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I'll take my half and split it equally
with you?" Yes. Why would I do that? Let me
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give me the answer. I'm obviously buying
a lot of real estate. I'm building lots
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of wealth. My passion, I love helping
people with tens and hundreds and
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millions of dollars build wealth. I've
got my billionaire clients. But you know
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what? I love helping the beginner that's
who I feel called to. The people that
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haven't made their first million dollars,
those are the people I love to work with.
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There's a lot of skeptics out there, so
I'm not talking to you.
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But the people that have been watching
my channel for a while, feel my heart get
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who I am. Come out to one of my events.
Try it on. See how life-changing it is.
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What I'm doing here is I'm making real
estate as easy as it possibly can be. I'm
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taking the most difficult parts and I'm
removing them and I'm saying, "Let me
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teach you how to do the things that can
get you real estate today."
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By making those things happen, guess what?
You can become the owner of real estate
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in a very short period of time. Now,
listen there's a link below for you to
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learn more about maverick and what it
means. There's also a way for you to get
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in contact with my team to say, "Hey. tell
me more about partnering with Kris. What
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does that look like? And could I really
have access to all of his deals?" And the
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answer is yes in a really big way. And I
could be out there with you helping you
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by dozens of properties if you take
advantage of what you're learning about
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right here. Next up is for you to get
more informed. Click the link below, learn
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what it means to be a maverick and let's
get out there and help you actually do
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real estate. Hey, thank you for watching
today's video. It was all about can you
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actually go out there and buy real
estate with no money? And while there's
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many ways of doing that, I've shared the
most intimate way that I know how to do
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that in a way that is real that works
that I've done a lot. And what it really
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means now with this brand new program is
that you literally just might be a few
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conversations away from your first
portfolio of actually owning real estate.
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So friend, I'm creative. I'm thinking
outside the box. It's time for you to
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come and join me. If you're not a
subscriber, do that. Learn about my events.
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Come join me for my four-day event. So unleash your financial destiny. Have
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life-changing experiences and then find
the 1 or 2, 3 people there
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in your world today that could actually
go out there and build real estate
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wealth with me and I'll give you a cut
of the action. And you'll find yourself a
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successful real estate investor today.
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